388 Prince Of Wales Drive Unit 2202, Mississauga

Price: $628,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W12848362

Welcome to elevated living at One Park Tower by Daniels, where comfort, style, and location come together in the heart of Mississauga's vibrant City Centre.From the moment you step inside this fully upgraded corner suite, you feel the difference. Soaring 9-foot ceilings, smooth ceiling is accentuated with elegant crown molding creating an airy, refined atmosphere. Natural light pours in through expansive windows that highlight the carpet-free floors and thoughtfully curated upgrades throughout. Every detail has been considered from custom closet organizers that keep life beautifully streamlined to upgraded light fixtures and tailored window coverings that complete the space awaiting your personal touch.The kitchen is both functional and sophisticated, featuring custom backsplash, quartz countertops, stainless steel appliances, and a breakfast bar that invites casual mornings and effortless entertaining. The open-concept living and dining area flows seamlessly to a private balcony, where southwest panoramic views stretch across the skyline, the perfect backdrop for sunset evenings and quiet moments above the city.With two spacious bedrooms, a versatile den ideal for a home office, and two beautifully appointed bathrooms, this home offers flexibility for professionals, families, or anyone craving a little extra space.Step outside and you're just moments from Square One Shopping Centre, Celebration Square, top restaurants, transit, and the GO Station, with quick access to all major highways for an easy commute.Residents enjoy resort-style amenities including 24-hour concierge, an indoor pool and hot tub, fully equipped gym, rooftop party room, golf simulator, and ample visitor parking. This unit comes with a private parking spot and a private locker room next to the parking spot on P1.This is more than a condo, it's a lifestyle in one of Mississauga's most sought-after addresses.

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$628,000 - 388 Prince Of Wales Drive Unit 2202, Mississauga

Condo for Sale in Mississauga

105 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12848362
Property Type
Condo
Status
active
Days on Site
105
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
Century 21 Signature Service
Description

Welcome to elevated living at One Park Tower by Daniels, where comfort, style, and location come together in the heart of Mississauga's vibrant City Centre.From the moment you step inside this fully upgraded corner suite, you feel the difference. Soaring 9-foot ceilings, smooth ceiling is accentuated with elegant crown molding creating an airy, refined atmosphere. Natural light pours in through expansive windows that highlight the carpet-free floors and thoughtfully curated upgrades throughout. Every detail has been considered from custom closet organizers that keep life beautifully streamlined to upgraded light fixtures and tailored window coverings that complete the space awaiting your personal touch.The kitchen is both functional and sophisticated, featuring custom backsplash, quartz countertops, stainless steel appliances, and a breakfast bar that invites casual mornings and effortless entertaining. The open-concept living and dining area flows seamlessly to a private balcony, where southwest panoramic views stretch across the skyline, the perfect backdrop for sunset evenings and quiet moments above the city.With two spacious bedrooms, a versatile den ideal for a home office, and two beautifully appointed bathrooms, this home offers flexibility for professionals, families, or anyone craving a little extra space.Step outside and you're just moments from Square One Shopping Centre, Celebration Square, top restaurants, transit, and the GO Station, with quick access to all major highways for an easy commute.Residents enjoy resort-style amenities including 24-hour concierge, an indoor pool and hot tub, fully equipped gym, rooftop party room, golf simulator, and ample visitor parking. This unit comes with a private parking spot and a private locker room next to the parking spot on P1.This is more than a condo, it's a lifestyle in one of Mississauga's most sought-after addresses.

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Estimate your monthly payments for this property

Estimated Payment

$3,221.97/mo

Includes CMHC insurance ($17,521)

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5-yr fixed avg.

Principal: $565,200Interest: $383,868
Mortgage Amount$582,721
Total Interest$383,868
Est. Property Tax$445/mo
Total Cost$966,590

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

388 Prince Of Wales Drive Unit 2202, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$445
Insurance (est.)-$131
Net Cash Flow+$1,519

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $698/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 105 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

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    388 Prince Of Wales Drive Unit 2202 | $628,000 | Battaglia Team